TE Connectivity (NYSE:TEL) Releases Q2 Earnings Guidance

TE Connectivity (NYSE:TEL) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided EPS guidance of ~$1.96 for the period, compared to the consensus EPS estimate of $1.98. The company issued revenue guidance of ~$3.95 billion, compared to the consensus revenue estimate of $4.07 billion. TE Connectivity also updated its Q2 2025 guidance to 1.960-1.960 EPS.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TEL shares. Bank of America boosted their price target on TE Connectivity from $167.00 to $170.00 and gave the stock a “buy” rating in a research report on Thursday. Hsbc Global Res cut TE Connectivity from a “hold” rating to a “moderate sell” rating in a research report on Thursday, October 31st. HSBC upgraded shares of TE Connectivity from a “reduce” rating to a “hold” rating and set a $166.00 price objective on the stock in a report on Thursday. The Goldman Sachs Group dropped their price objective on shares of TE Connectivity from $189.00 to $179.00 and set a “buy” rating on the stock in a report on Tuesday, October 1st. Finally, Robert W. Baird increased their price objective on TE Connectivity from $162.00 to $168.00 and gave the company an “outperform” rating in a report on Thursday. Seven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $165.00.

TE Connectivity Price Performance

TE Connectivity stock opened at $156.73 on Friday. TE Connectivity has a 1 year low of $137.61 and a 1 year high of $159.98. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.08 and a current ratio of 1.68. The firm has a 50 day moving average price of $147.43 and a 200 day moving average price of $148.80. The company has a market cap of $46.78 billion, a price-to-earnings ratio of 25.04, a PEG ratio of 2.12 and a beta of 1.32.

TE Connectivity (NYSE:TEL) last posted its earnings results on Wednesday, January 22nd. The electronics maker reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.06. TE Connectivity had a net margin of 12.10% and a return on equity of 18.82%. The firm had revenue of $3.84 billion during the quarter, compared to the consensus estimate of $3,916,310.63 billion. During the same quarter in the prior year, the company earned $1.84 EPS. The company’s revenue was up .1% on a year-over-year basis. Sell-side analysts predict that TE Connectivity will post 8.1 earnings per share for the current year.

TE Connectivity announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, October 30th that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the electronics maker to purchase up to 5.4% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

TE Connectivity Company Profile

TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.